HS Hyosung Celebrates 2nd Anniversary, Aims for Competitive Edge with 60 Years of Heritage

By Lee nakyeong Posted : July 1, 2026, 11:48 Updated : July 1, 2026, 11:48
HS Hyosung Chairman Kim Gyu-young (second from left) and Vice Chairman Cho Hyun-sang (third from left) attended the 2nd anniversary event with executives and employees. [Photo=HS Hyosung]
HS Hyosung Group held a celebration on June 30 at its headquarters in Mapo, Seoul, marking its 60th anniversary and the second anniversary of its establishment. The event reflected on the achievements of the past two years and reaffirmed the company's commitment to future growth.

A total of 429 long-serving employees attended the ceremony, which was highlighted by the presence of Kim Gyu-young, the first non-owner chairman in the group's 60-year history, who delivered a message to the attendees.

"We must deeply engrain the meaning of our slogan, 'Value, Together,' and realize a competitive edge with overwhelming depth and breadth," Kim said. He emphasized the need for a customer-centric approach to achieve a 'competitive edge' in technology, quality, service, and execution.

Kim noted that HS Hyosung originated from the tire cord business, which remains one of the company's core operations, and he credited the dedication and efforts of Vice Chairman Cho Hyun-sang and the executive team for stabilizing the group in just two years.

To realize this competitive edge, Kim outlined several key strategies: ensuring safety, maintaining uncompromised quality, keeping promises within principles, responsibly completing assigned tasks, and fostering trust and respect among colleagues.

Vice Chairman Cho Hyun-sang introduced 'Heritage DNA' as a new management keyword, reflecting the company's commitment to preserving its traditions while enhancing future competitiveness.

As a first step in embodying the Heritage DNA spirit, Cho paid respects at the graves of the company's founders, Man-woo Cho Hong-je and Cho Seok-rae, in honor of the 60th anniversary and the second anniversary of the company.

Additionally, HS Hyosung is accelerating its expansion into defense, aerospace, and eco-friendly businesses. Notably, since November of last year, the company has been pursuing a new venture in silicon anode materials for batteries, marking its first new business since becoming independent.

Recently, HS Hyosung established a joint venture, 'HS Hyosung Energy Solutions Korea,' with Belgium's Umicore and is preparing to commence construction on a new factory for the venture.

The anniversary celebration included various events. On June 17, a book concert featuring national cycling representative Park Chan-jong shared stories of challenge and recovery, while a pop-up exhibition showcasing the group's historical artifacts is currently ongoing at the Mapo headquarters. On July 4, the company will host a 'Family Day' inviting employees' families to enjoy a magic show and interactive programs.



* This article has been translated by AI.

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